Rodrigo Santos Andrade share

At a glance: budget 2026

visibility comment0 event May 12, 2026 timer 06:40

The key figures from the federal budget, from negative gearing changes to tax cuts for workers.

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The federal budget takes some big swings, with reforms to capital gains tax and negative gearing. There are also major spends on health, fuel and infrastructure.

This has meant some risky moves in the face of global uncertainty, including the ongoing conflict in the Middle East and the price of oil coming down soon.

Key details

Read the full analysis from our experts:

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